Morgan Stanley says yes to Yext for finance advice
Bank has digital brain wave for its financial advisors.
Wealth Management
Motive Partners takes majority stake in Finantix
Private equity firm gets hold of digital services provider.
BlackRock to acquire equity stake in Envestnet
BlackRock gets 4.9% equity stake in a stock transaction totaling $123 million.
Bambu and OUTvest win FinovateAfrica’s Best of Show awards
The votes have been cast and tallied!
Morgan Stanley’s $15m funding FX ups Integral
Foreign exchange tech provider looking for more banking and broker action.
Top fintech stories this week – 23 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Moneyfarm moves on Germany with Vaamo acquisition
This not so little asset manager went to a new market.
Wealthtech woes mean jobs go at Ohpen UK office
EXCLUSIVE. Firm says office is still open but 19 staff lose their jobs.
Boys from the BlackRock launch investment firm Genuine Impact
London-based company powers up with investment intelligence platform.
Wealthtech d1g1t likes digits with $7m funding boost
Two private investment rounds led by Purpose Financial.
Lendtech SoFi flying low as losses linger
US firm has lost money for the second consecutive quarter.
Focus Solutions unleashes wealthtech portal and hub
Hub unveiled with BITA Risk and Investment Software Limited.
Wevest wants to be best with digital asset manager launch
Berlin-based firm unleashes Wevest Capital.
Citizens Bank pioneers SigFig’s new wealthtech for financial advisors, CoPilot
SigFig unveils CoPilot, a digital wealth management platform for financial advisors.
Sustainable ETF assets soon to be commonplace among investors
Exchange-traded funds (ETFs) are estimated to be worth $400 billion in the next decade.
Freetrade set sails for early access roll-out
Founded by André Mohamed and Adam Dodds.
Mining ESG data: the rise of technology
The root of an informed valuation is the disclosure of relevant information.
Digital disruption is shaking up the worlds of watchmaking and finance
The Swiss watchmaking and finance industries will need to draw on their own heritage to respond to digital disruption.
UBS Wealth Management USA in wealthtech revamp with Broadridge
UBS Wealth Management USA to be “the anchor client” on Broadridge’s new wealthtech platform.
Hauck & Aufhäuser launches robo-advisor Zeedin
Zeedin was built together with digital banking tech vendor Crealogix.
Coronation first in South Africa live with SmartStream’s corporate actions tech
Coronation Fund Managers live with SmartStream’s TLM Corporate Actions OnDemand.
Goldman Sachs and Ayco in huge financial coaching deal with Google
Ayco will provide financial coaching to Google’s US-based employees.
FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard, a cloud-based investment funds operating system powered by AI, has launched and raised $4m.
Banking Technology Awards 2018: shortlist announced!
Winners will be unveiled on 13 December in London!
AXA to focus on fintech investment with fund restructure
AXA Investment Managers turns its £55m Framlington Financial fund into a fintech one.
Fidelity launches Fidelity Digital Assets for crypto tech
Bringing blockchain and crypto to institutional investors.
Clearmatics raises $12m to build new financial market infrastructure
Building P2P networks for trade finance.
CDPQ buys stake in fintech provider FNZ for £1.65bn
HIG Capital and General Atlantic sell stakes to Caisse de Depot et Placement du Quebec.
Openbank launches investment robo-advisor
Santander’s digital banking subsidiary in Spain stays busy.
Investment platform Primary Bid gets £2m funding
UK firm bids for European expansion.
Goldman Sachs to spin off Simon finance app
In advanced talks with several firms to sell its three-year-old app.
Hydrogen and TD Bank in their element for DIY financial planning
Bank’s clients will have new tools to build their own financial plans and portfolios.
Baltimore in awe as Facet Wealth scores $33m funding
US wealthtech plans to expand its personal financial planning platform.
Ebix acquires wealthtech Miles Software for $19m
Mumbai-based firm snapped up by e-commerce service provider.
Wealthtech Sarwa raises $1.3m in funding
Automated and human investment advice catching on.
Financial crime fighters unleash intelligence sharing platform in UK
Acronyms assemble! PIMFA and FCI launch PIMFA-AECIS platform.
AI wealthtech Pagaya closes $14m funding round
Its tech is meant to help institutional investors and asset managers.
Due to popular demand: Banking Technology Awards entry deadline extended!
Submit your nominations by 7 September 2018.
UBS to sell robo-advisor SmartWealth to SigFig
Swiss bank already has an equity stake in SigFig.
OCBC Bank unveils robo-investment service
Targeting “young and tech-savvy investors”.
